Conifex Timber (TSE:CFF) Trading Down 1.5% – Here’s Why

Conifex Timber Inc. (TSE:CFFGet Free Report) shares traded down 1.5% on Tuesday . The company traded as low as C$0.32 and last traded at C$0.33. 4,400 shares changed hands during trading, a decline of 64% from the average session volume of 12,276 shares. The stock had previously closed at C$0.33.

Conifex Timber Stock Performance

The stock has a market capitalization of C$13.25 million, a price-to-earnings ratio of -0.47, a PEG ratio of 0.06 and a beta of 1.42. The company’s 50-day simple moving average is C$0.37 and its 200-day simple moving average is C$0.40. The company has a current ratio of 1.85, a quick ratio of 0.91 and a debt-to-equity ratio of 73.11.

Conifex Timber Company Profile

(Get Free Report)

Conifex Timber Inc engages in the production, marketing, and sale of lumber products in the United States, Canada, and Japan. The company is also involved in the timber harvesting, reforestation, and forest management activities; manufacture, sale, and distribution of dimension lumber; processing logs into lumber and wood chips; and providing value added lumber finishing services.

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